Ernest Garcia II (#121)
- $ 21 B
- Used cars
- United States
- M
- 68 Years
CMA CGM deepens India strategy with shipbuilding, AI, and trade corridor expansion
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Strictly officially bids farewell to another professional: ‘Thank you for everything’
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About Me
Ernest Garcia, II is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that conducted an IPO in 2017. Garcia II also owns and runs DriveTime Automotive, the nation's fourth-biggest used car retailer. Garcia's son, Ernest Garcia III, founded Carvana as a subsidiary of DriveTime and later spun it out. In 1990 when he was 33, Garcia pleaded guilty to a bank fraud charge related to his dealings with Lincoln Savings & Loan.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Ernest Garcia II’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Ernest Garcia II’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $20.6B
(April 3, 2026)
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